Vanguard Group Inc. boosted its position in Arrow Electronics, Inc. (NYSE:ARW – Free Report) by 3.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,085,440 shares of the technology company’s stock after purchasing an additional 204,024 shares during the quarter. Vanguard Group Inc. owned about 11.81% of Arrow Electronics worth $736,338,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its holdings in shares of Arrow Electronics by 3.0% during the third quarter. JPMorgan Chase & Co. now owns 382,641 shares of the technology company’s stock worth $46,300,000 after buying an additional 11,288 shares in the last quarter. State of New Jersey Common Pension Fund D raised its stake in Arrow Electronics by 8.3% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 17,123 shares of the technology company’s stock worth $2,072,000 after purchasing an additional 1,316 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in Arrow Electronics by 7.2% in the 3rd quarter. PNC Financial Services Group Inc. now owns 8,611 shares of the technology company’s stock valued at $1,042,000 after purchasing an additional 580 shares during the period. Atria Investments Inc boosted its holdings in Arrow Electronics by 1,581.0% in the 3rd quarter. Atria Investments Inc now owns 54,127 shares of the technology company’s stock valued at $6,549,000 after purchasing an additional 50,907 shares during the period. Finally, Savvy Advisors Inc. grew its position in shares of Arrow Electronics by 85.6% during the 3rd quarter. Savvy Advisors Inc. now owns 3,060 shares of the technology company’s stock worth $370,000 after purchasing an additional 1,411 shares in the last quarter. 99.34% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on ARW shares. Wall Street Zen upgraded shares of Arrow Electronics from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Wells Fargo & Company lifted their price objective on Arrow Electronics from $94.00 to $115.00 and gave the company an “underweight” rating in a report on Friday, February 6th. Truist Financial upped their target price on Arrow Electronics from $120.00 to $148.00 and gave the company a “hold” rating in a research report on Friday, February 6th. Finally, Zacks Research upgraded Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $124.33.
Arrow Electronics Price Performance
Shares of ARW stock opened at $159.57 on Tuesday. The business has a fifty day simple moving average of $127.28 and a 200 day simple moving average of $121.41. The company has a market cap of $8.15 billion, a P/E ratio of 14.59, a P/E/G ratio of 0.79 and a beta of 1.04. The company has a quick ratio of 1.09, a current ratio of 1.36 and a debt-to-equity ratio of 0.46. Arrow Electronics, Inc. has a twelve month low of $86.50 and a twelve month high of $161.03.
Arrow Electronics (NYSE:ARW – Get Free Report) last issued its earnings results on Thursday, February 5th. The technology company reported $4.39 EPS for the quarter, topping the consensus estimate of $3.55 by $0.84. The firm had revenue of $8.75 billion during the quarter, compared to the consensus estimate of $8.16 billion. Arrow Electronics had a return on equity of 9.01% and a net margin of 1.85%.The business’s quarterly revenue was up 20.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.97 earnings per share. Arrow Electronics has set its Q1 2026 guidance at 2.130-2.330 EPS. On average, sell-side analysts forecast that Arrow Electronics, Inc. will post 10.57 EPS for the current fiscal year.
Insider Activity at Arrow Electronics
In related news, CEO William F. Austen bought 3,960 shares of the firm’s stock in a transaction on Thursday, February 19th. The shares were purchased at an average price of $151.87 per share, with a total value of $601,405.20. Following the completion of the purchase, the chief executive officer owned 44,722 shares in the company, valued at $6,791,930.14. This represents a 9.71% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, insider Richard John Marano sold 2,500 shares of the stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $155.32, for a total value of $388,300.00. Following the completion of the transaction, the insider owned 24,096 shares of the company’s stock, valued at $3,742,590.72. The trade was a 9.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 19,199 shares of company stock worth $3,009,786. Corporate insiders own 0.80% of the company’s stock.
About Arrow Electronics
Arrow Electronics (NYSE: ARW) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. The company offers a broad portfolio of semiconductors, passives, connectors, electromechanical devices and embedded solutions, serving customers across diverse end markets including automotive, communications, computing, aerospace, defense and healthcare. Through its extensive supplier relationships, Arrow enables design engineers to identify and procure components required for the development of new electronic systems and devices.
In addition to component distribution, Arrow delivers value-added services such as design engineering support, supply chain management, global logistics and technical training.
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